CAT Strategic Closes Tranche One of Private Placement
1010 –789 West Pender Street, Vancouver, BC V6C 1H2
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CAT STRATEGIC METALS CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
VANCOUVER, BC MAY 25, 2022 - CAT Strategic Metals Corporation (CSE: CAT, OTC: CATTF,
FRA: 8CH) (“CAT” or the "Company") announces that it has closed the first tranche of the
previously announced non-brokered private placement (the “Private Placement”), whereby the
Company issued 27,816,666 units (the “Units”) at a price of CDN$0.03 per Unit for proceeds of
$834,500. Each Unit is comprised of one common share in the capital of the Company (a
“Share”) and one whole non-transferable share purchase warrant (a “Warrant”). Each whole
Warrant will be exercisable to acquire one Share at an exercise price of CDN$0.05 per Share
for a period of 36 months from the date of issuance.
The securities issued pursuant to the Private Placement, and any Shares that may be issuable
on exercise of any such securities, are subject to a statutory hold period expiring four months
and one day from the date of issuance of such securities.
Finders’ fees were paid in connection with the first tranche of the Private Placement in the form
of CDN$15,165 in cash and through the issuance of 605,500 finders’ warrants (a “Finders’
Warrant”). Each Finders’ Warrant is exercisable to acquire one Share at an exercise price of
CDN$0.05 per Share for a period of 36 months from the date of issuance.
CAT intends to use the net proceeds of the Private Placement for further exploration of CAT’s
properties, with a primary focus on the South Preston Uranium Property, and for general working
capital purposes.
About CAT Strategic Metals Corporation:
CAT’s Mission Statement and corporate strategy is to source, identify, acquire and advance
property interests located in mineral districts proven to have world class potential, primarily for
gold and copper. In addition to the South Preston Uranium Project, CAT’s Burntland Project is
focused on the exploration and development of several targets located Northeast of Saint
Quentin in the county of Restigouche, New Brunswick, Canada, and The Gold Jackpot strategic
metals property with multiple targets for gold-silver, copper, and tellurium property located NE of
Elko, Nevada, in the Pequop gold-copper Trend. CAT’s shares trade on the Canadian Securities
Exchange under the trading symbol “CAT”, on the OTC under the trading symbol “CATTF” and
on the Frankfurt Stock Exchange under the symbol “8CH”.
ON BEHALF OF THE BOARD
Robert Rosner
Chairman, President & CEO
Further information regarding the Company can be found on SEDAR at www.sedar.com and by
visiting the Company’s website at www.catstrategic.com or by contacting the Company directly
at (604) 674-3145.
Certain information contained in this news release constitutes “forward-looking information” or “forward-looking
statements” (collectively, “forward- looking information”). Without limiting the foregoing, such forward-looking
information includes statements regarding the process and completion of the Offering, the use of proceeds of the
Offering and any statements regarding the Company’s business plans, expectations and objectives. In this news
1010 –789 West Pender Street, Vancouver, BC V6C 1H2
release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”,
“estimate” and similar words and the negative form thereof are used to identify forward-looking information. Forward
looking information should not be read as guarantees of future performance or results, and will not necessarily be
accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking
information is based on information available at the time and/or the Company management’s good faith belief with
respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable
factors, many of which are beyond the Company’s control. For additional information with respect to these and other
factors and assumptions underlying the forward-looking information made in this news release, see the Company’s
most recent Management’s Discussion and Analysis and financial statements and other documents filed by the
Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents
are available at www.sedar.com under the Company’s profile and on the Company’s website, www.catstrategic.com.
The forward-looking information set forth herein reflects the Company’s expectations as at the date of this news
release and is subject to change after such date. The Company disclaims any intention or obligation to update or
revise any forward-looking information, whether as a result of new information, future events or otherwise, other than
as required by law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the
United States. The securities have not been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United
States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.